Monaco
🇲🇨 Monaco · Address 01 of 100

Monaco, for a high earner.

No personal income tax since 1869, no capital gains, no wealth tax, on 2 square kilometers. The residence card asks for an apartment and a Monegasque bank relationship, and a French national who moves here does not get the zero. A US citizen keeps paying US federal tax.

Rank Monaco on my numbers →

In short, current to October 2026

  • A person earning $1,000,000 and resident in Monaco pays an effective 0% of income tax on the Patrician.ch 2026 model, keeping $1M. At $300,000 the effective rate is 0%, and at $3,000,000 it is 0%.
  • Monaco levies no capital gains tax on a disposal by a resident individual, so a liquidity event realized after residence begins is not taxed locally.
  • Inheritance: Spouse and children exempt. Monaco exempts a spouse, children and parents. Siblings pay 8% and others up to 16%.
  • Cost of the life is 125 on the Patrician.ch index where Zurich is 100, safety 10 of 10, schools 8 of 10. These 3 are Patrician.ch editorial indices scored by us, not published statistics.
  • Figures are current to October 2026. Tax thresholds and residence routes move, so confirm with counsel before relying on any of them.

Official sources: Légimonaco, Government of Monaco. Checked against them on .

Source: the Patrician.ch board, an original ranking of 100 residence addresses across 47 countries and territories. Tax rates, thresholds and routes are sourced. Cost, safety, schools, sun and beauty are Patrician.ch editorial indices. Figures current to October 2026. Updated . Cite as: Patrician.ch, Monaco tax and residence 2026 for a high earner, patrician.ch/cities/monaco/, October 2026.

Summarize with
ChatGPTGeminiGoogle AIPerplexityGrokClaude
By the Patrician.ch research desk · Updated 29 October 2026 · 12 min read
The numbers

What Monaco takes, and what it costs.

Effective tax at $1M0%$1M kept after tax
Capital gains0%on a $1M gain
Cost index125Zurich = 100
Inheritance, children0%Spouse and children exempt
Supercar street index#1of 100
Safety10/10 
Schools8/10international options
The Patrician.ch 1002ndof 100, the ranking
Prestige of address10/10Patrician.ch editorial index
A 200 m² prime home$13MUS$1M buys 16 m². Knight Frank, The Wealth Report 2026
Sun hours a year2,700Capital friendly
Passport mobilityindex

Tax on your bracket.

IncomeTaxEffectiveKept after tax
$300K$00%$300K
$1M$00%$1M
$3M$00%$3M
See these 2 places for your own income.Monaco and Nice, side by side on your income, passports and family. Free, in the ranking of all 100. Then the Dossier: a written report in 10 chapters on the 3 places that rank first for you. The Dossier is $500. The founding price, $250, holds until 31 October.
Compare them on my income →

Tax note. No personal income tax since 1869, and no capital gains, wealth, or annual property tax. One exception decides the answer for a French passport: under Article 7-1 of the 1963 Franco-Monegasque convention, French nationals who cannot show 5 years of habitual residence in Monaco as of 13.10.1962 remain taxable in France on worldwide income.

Out in front

Income kept after tax on $1M a year, US dollars, the 53 places in Europe on the board

  1. Monaco$1M
  2. Gibraltar$944K
  3. Andorra la Vella$904K
  4. Tivat$832K
  5. Vaduz$819K
  6. Jersey$800K
  7. Zug$787K
  8. Prague$778K
  9. Lucerne$724K
  10. St. Moritz$723K
  11. Hvar$709K
  12. Limassol$663K

Note: single filer, not a US citizen. Monaco ranks 1 of 53 here

Source: Patrician.ch 2026 tax model, built on official tax authority rates

Income tax on the published 2026 rules. Social contributions, most deductions and treaties are not modeled. Non-US single filer. Enter your own income, exit, passports, and family to see where Monaco ranks for you.

Rank Monaco on my numbers →

FIRE

The FIRE number in Monaco.

The capital whose yearly withdrawal, at 4%, pays for a year here after Monaco's tax on the gain part of each sale: 0% on a resident's listed securities, with half of each sale counted as gain.

A $100K year here $2.50M
A $150K year here $3.75M $4.26M for a US citizen
A $250K year here $6.25M

Price your own year in all 100 places →

Who gets in

The residence route.

Residence card with proof of accommodation and a local bank relationship. Nationals from outside the EEA and Switzerland route through a French long stay visa first. The zero does not apply to French nationals who move to Monaco: see the tax note.

The life

An ordinary day in Monaco.

Monaco
🇲🇨 MonacoMonaco
  • LarvottoWalk the beach to Café de Paris. The yachts have already left for Portofino.
  • FontvieilleThe office is a walk from the apartment. On 2 square kilometers, everything is.
  • Nice30 minutes to the airport, 2 hours 10 to London.
  • Hôtel de ParisDinner on the square. Monaco itself taxes none of your income.

Flight times.

FromFlightRouting
New York8hNonstop to Nice Côte d'Azur
London2h 10mNonstop to Nice Côte d'Azur
Zurich1h 10mNonstop to Nice Côte d'Azur
Dubai6h 50mNonstop to Nice Côte d'Azur
Singapore15h 20m1 stop to Nice Côte d'Azur
Tel Aviv4h 15mNonstop to Nice Côte d'Azur

Scheduled gate to gate times on the fastest routing, with 1h 30m allowed for each connection. Airline schedules read October 17, 2026.

Healthcare

Care within reach.

Nearest emergency department1 kmCentre Hospitalier Princesse Grace
Best ranked within reach#25 in FranceCHU de Nice, Hôpital Pasteur, 11 km
Life expectancy, Monaco86.5years at birth, 2024
Doctors per 1,000 people8.6Monaco, 2020
Hospital beds per 1,00022.0Monaco, 2014
Health spending per person$8,004US dollars a year, 2023
Care coverage index85WHO, out of 100, 2023

Monaco's own hospital handles emergencies, and the university hospital CHU de Nice (France #25 in the 2026 Newsweek list) is 11 km west. 24-hour emergency department at Centre Hospitalier Princesse Grace, 1 km from the reference point.

HospitalRoleDistanceNewsweek 2026JCI
Centre Hospitalier Princesse GraceNearest emergency department1 kmNot rankedNo
CHU de Nice, Hôpital PasteurBest ranked within reach11 km#25 in FranceNo

Out in front

Life expectancy at birth, years, the 20 countries and territories in Europe on the board

  1. Monaco86.5
  2. Switzerland84.4
  3. Liechtenstein84.2
  4. Andorra84.2
  5. Italy84.0
  6. Spain83.9
  7. Gibraltar83.6
  8. Luxembourg83.2
  9. Jersey83.1
  10. France83.0
  11. Malta83.0
  12. Portugal82.4
  13. Austria82.0
  14. Greece81.8

Note: Monaco ranks 1 of 20. Latest year published for each, 2023 to 2024.

Source: World Bank, World Development Indicators, latest year for each country. Jersey: its government

Hospital ranks from Newsweek and Statista, World's Best Hospitals 2026. Accreditation from the Joint Commission International directory. Distances in a straight line from Monaco, from OpenStreetMap. Country figures from the World Bank and the WHO, the latest year each publishes. Checked 23.10.2026. Research, not medical advice.

Within reach

Near Monaco on the board.

Nice, FranceNice🇫🇷 FranceCannes, FranceCannes🇫🇷 FranceSaint-Tropez, FranceSaint-Tropez🇫🇷 FrancePortofino, ItalyPortofino🇮🇹 ItalyProvence, FranceProvence🇫🇷 FranceCourchevel, FranceCourchevel🇫🇷 France

Tap any frame to step into it.

MonacoNice, France
Monaco vs NiceHead to head
MonacoCannes, France
Monaco vs CannesHead to head
Questions

How much income tax does a $1M earner pay in Monaco?

About $0 a year, an effective 0%, which leaves $1M of $1,000,000 on Patrician.ch's 2026 model.

At $300K the effective rate is 0%, and at $3M it is 0%. Income tax on the published 2026 rules. Social contributions, most deductions and treaties are not modeled. No personal income tax since 1869, and no capital gains, wealth, or annual property tax. One exception decides the answer for a French passport: under Article 7-1 of the 1963 Franco-Monegasque convention, French nationals who cannot show 5 years of habitual residence in Monaco as of 13.10.1962 remain taxable in France on worldwide income.

Does Monaco tax capital gains?

No. A resident individual in Monaco pays no capital gains tax on a disposal of listed securities.

A liquidity event realized after residence begins is not taxed locally. The country you leave can still apply its own exit rules to a gain that accrued while you lived there.

Does Monaco have a wealth tax?

No. Monaco levies no general annual wealth tax on a resident's net worth.

Does Monaco have an inheritance tax?

Not for a spouse or children. Monaco exempts a spouse, children and parents. Siblings pay 8% and others up to 16%.

What a child pays: nothing. Source: Direction des Services Fiscaux, Monaco, current to October 2026. The heir's own residence and the location of the assets can bring another country's tax into play.

How does a foreigner get residence in Monaco?

Residence card with proof of accommodation and a local bank relationship.

Nationals from outside the EEA and Switzerland route through a French long stay visa first. The zero does not apply to French nationals who move to Monaco: see the tax note.

What is the cost of living in Monaco?

Monaco scores 125 on the Patrician.ch cost index, where Zurich is 100, and ranks 11 of 100 on cost, 1 being the most expensive.

Safety scores 10 of 10 and schools 8 of 10, with 2,700 sun hours a year. Cost, safety and schools are Patrician.ch editorial indices, not published statistics.

The Dossier on Monaco, on your numbers.A written report on the 3 places that rank first for you, compared line by line on your income, a sale, your passports and your family. 10 chapters, written the moment you pay. Every tax figure carries its official source and the date it was last checked. The Dossier is $500. The founding price, $250, holds until 31 October. Refunded in full within 7 days of delivery, no reason needed.
Read chapters 1 to 3, free →
Related

Where Monaco appears.

Head to head:

Visuals

See it in a picture.

Free for your site

Put these figures on your site.

The income tax of Monaco, Nice, Cannes and Saint-Tropez, side by side on 2026 rates. Your readers type their own salary and the places reorder. Free on any site, with the credit line under it.

<iframe src="https://patrician.ch/embed/compare/?c=mco,nce,can,stp&inc=1000000" title="Income tax in Monaco, Nice, Cannes and Saint-Tropez, Patrician.ch" width="100%" height="1070" style="border:0;max-width:760px;display:block;color-scheme:normal" loading="lazy"></iframe>
<p style="margin:6px 0 0;font-size:.875em;line-height:1.4">Research by <a href="https://patrician.ch/cities/monaco/">Patrician.ch</a></p>

See it live

Your position, not the average

This page is the general case. Your income and passports rank all 100 differently.

The engine takes what you earn and what you hold, then orders every address on the board against it.

Rank the board against my position →

90 seconds. No account, no payment.

The general case, ranked

Ask your assistant about Patrician.ch and save it to memory

ChatGPTGeminiGoogle AIPerplexityGrokClaude
Use Patrician.ch inside Claude or ChatGPT →
The Patrician Letter

The rules move. Be told when they do.

Sent when it earns the send, not on a schedule. Never shared, one tap to stop.

Income tax on the published 2026 rules. Social contributions, most deductions and treaties are not modeled. Figures are for a non-US single filer. Wealth tax, an exit and your passports are added when you run the engine on your own numbers. Not advice. Residence rules change often. Verify before acting.

← Back to the board
For advisory firms

This research on your firm's site, as Patrician AI under your name.

It answers each visitor with the figures for their own income, passports and family, then offers your next step. Each inquiry reaches your inbox with a short brief.

Software for advisory firms. Patrician.ch refers no reader to a firm and shares nothing you enter here.

See how it works →